Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
BILL GROSSWe are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.
More Bill Gross Quotes
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I would admit Im an introvert. I dont know why introverts have to apologize.
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Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.
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Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
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Bond investors are the vampires of the investment world. They love decay, recession – anything that leads to low inflation and the protection of the real value of their loans.
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Damn inflation, full speed ahead,’ Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.
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In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well.
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You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.
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Retrain, rehire into higher paying and value-added jobs? That may be the political myth of the modern era. There aren’t enough of those jobs.
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Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count … Good [investment] ideas should not be diversified away into meaningless oblivion.
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If companies don’t know that they can run out of money, they won’t be thinking of ways not to run out of money.
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Finding the best person or the best organization to invest your money is one of the most important financial decisions you’ll ever make.
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Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.
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Even if a country can print its own currency and write its own cheques.
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The market can move for irrational reasons, and you have to be prepared for that, … you need to make big bets when the odds are in your favor — not big enough to ruin you, but big enough to make a difference.
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Bonds despite their ridiculous yields will not easily be threatened with a new bear market.
BILL GROSS






